UK retailers are facing severe financial issues due to poor Boxing Day shopping, with a 25% increase in struggling retailers. Consumer sentiment is dampened by high interest rates, inflation, and geopolitical uncertainty. Retail footfall dropped by 4.9% this Boxing Day, with major retailers closed and a shift towards online shopping. Increased costs and changes in the Autumn Budget are expected to elevate insolvency levels in 2025. Teljes cikk (Euronews.com)